UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company SW1 Options. SW1 Options is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated activities which…
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ASIC has informed the public that it has suspended the Australian financial services (AFS) license of WA-based Red Summit Trading Partners Pty Ltd (Red Summit) from 7 March 2018. ASIC found that, due to various staffing changes, Red Summit is not currently carrying on a financial services business. As a license variation application is pending,…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Meridian Financial Group. Meridian Financial Group is not authorised by the FCA but has been targeting people in the UK and is also carrying on regulated…
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The UK Financial Conduct Authority (FCA) has put out details of the cloned firm Soft Loans. Fraudsters are using the details of firms, authorised by the FCA, to try to convince people that they work for a genuine, authorised firm. Fraudsters are using or giving out the following details as part of their tactics to…
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The Financial Conduct Authority (FCA) announced that it has today published its Approach to Supervision and its Approach to Enforcement. When the FCA launched its Mission, it committed to publishing a series of documents that would explain its approach to regulation in more depth. These articulate how the FCA carries out its main activities, aiming…
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Qatar Stock Exchange has admitted to trading the Al Rayan Qatar ETF under the symbol “QATR”. To mark the launch of the ETF, the exchange today welcomed the fund’s founder, Masraf Al Rayan, and fund manager, Al Rayan Investment, to open trading in Doha. The Fund will track the QE Al Rayan Islamic Index (Price)…
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The Securities Commission Malaysia (SC) has issued a warning to investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes. Perpetrators would accumulate shares at lower prices before posting positive sentiments about the companies, with the…
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The Hong Kong Securities and Futures Commission (SFC) announced that it has reprimanded and fined UBS Securities Asia Limited (UBS Securities) $4.5 million for failing to put in place effective controls to record transactions and client consents in relation to its facilitation trading activities. In the course of an SFC inspection in 2016 and a…
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UK financial regulator Financial Conduct Authority (FCA) has issued its latest warning against an unregulated financial services provider targeting UK consumers. The FCA’s latest warning is against the company Euro Ventures Group (London) Limited. Euro Ventures Group (London) Limited is not authorised by the FCA but has been targeting people in the UK and is…
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Moscow Exchange has informed that from March 26, 2018 the ticker for the MOEX Russia Index will be changed across all Moscow Exchange data and trading systems. The new ticker - IMOEX - will replace MICEXINDEXCF. The ticker IMOEX will be used on the Exchange’s website, in bulletins, in the Securities and Derivatives Markets trading…
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